Libya’s Government of National Accord (GNA) prime minister Fayez al-Sarraj on Saturday called on the CBL Governor Al-Siddiq Al-Kabir to resume selling foreign currencies for personal purposes with decreasing its value to 5000 dollars, at the same approved rate (about 3.70 LYD per dollar).

Al-Sarraj stressed that there is a great need, according to popular demand, to stabilize the Libyan dinar against foreign currencies and exchange rates in the parallel market, which, if not dealt with threatens to destabilize economic reforms.

It is worth noting that the dollar exchange rate witnessed a significant decline in the Libyan black market as it ranged between 5.80 LYD and 5.55 LYD, while the euro fell to record 6.04 LYD.